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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (3275)	6/12/1998 11:24:00 AM
From: G. Scott	Read Replies (1) \| Respond to of 4142

Hello?? Anybody out there?? See no trades or posts for over an hour. Twilight Zone??

To: Ga Bard who wrote (3275)	6/12/1998 12:44:00 PM
From: Debbie777	Read Replies (1) \| Respond to of 4142

6-12-98 "California Water Agencies adopt new policy against MTBE" SACRAMENTO, Calif., June 12 /PRNewswire/ -- The question of who pays for cleaning up MTBE contamination in California water supplies is receiving renewed attention in the state. California's local water agencies are now insisting that "water agencies and their customers should not be forced to pay costs associated with MTBE contamination, including the cost of replacement water." Officials directing California's 440 public water agencies say they will support efforts to ensure that "the costs associated with MTBE contamination are paid by those responsible." Under a new policy adopted by the Association of California Water Agencies, a framework has been created to protect drinking water from MTBE contamination, a spokeswoman for the association said. Stephen K. Hall, executive director of the association, said in a statement: " ... Members are concerned about the potential for widespread contamination of California's water sources by MTBE. This policy will help water agencies respond to MTBE contamination issues and help us find solutions that protect water sources and drinking water consumers from the impacts of MTBE use. "We cannot afford any erosion in the public's confidence," Hall said. "California's water agencies have spent billions of dollars to provide the safest, most healthful water in the world, and MTBE threatens to undermine that investment." The new policy has been adopted unanimously by the association's 30-member board of directors. Under the policy, the water utilities agreed to support legislation that funds research into MTBE's health effects, assign cleanup costs to "those responsible," monitor underground gasoline storage tanks, and work for legislation requiring the California Air Resources Board (CARB) to disapprove fuels that have adverse impacts on the environment. The Association of California Water Agencies is a statewide organization whose member water offices oversee 90 percent of the state's urban and agricultural water. ----------------------------------------------------------------- With pressure being applied from both the environmental groups and utility companies... the Oil/Gas industry has to be looking for Environmentally Friendly alternatives like DF-144. I am not trying to Hype this stock but here is a paragraph from the San Francisco Chronicle that opened my eyes to the potential of Arcon if it captured even a small percent of the MTBE market. SF Chronicle: With so much research under way and so many unanswered questions about MTBE's safety, how did the chemical become a $3 billion-a-year industry? Patience People.... Patience Deb'